How Solana Was Brought Down By This dApp Launch
Solana has been taking market share out of Ethereum across several sectors. The platform has seen the expansion of its NFT based projects with SolChicks, one of its latest on-chain games with a play-to-earn (P2E) model, causing a lot of hype amongst the users. Related Reading | Grayscale Launches Solana Trust Following Investors ‘Appetite’ The game was built with SolChick, one of Solana’s NFT Collections, and let players take their assets and using as their main characters. Launched with a Player-to-Player (PvP), a Gameplay with raids characteristics, SolChicks has set out to....
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The team behind Cashio, a Solana-based dApp that was hacked last week, published a postmortem report on the attack. In one of the biggest hacks on this network, the bad actors managed to steal $50 million by exploiting a vulnerability on the dApp. Related Reading | PUBG Developer Krafton Joins Forces With Solana For Blockchain […]
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce, but the current 22.7% decline could have investors confused. Solana/USDT at FTX. Source: TradingViewThe rally started after Coinbase Wallet added support for SOL and other Solana-based blockchain tokens on March 18. The crypto exchange also outlined plans to "further....
DeFi Yield Protocol (DYP) has launched its staking and governance DAPP that looks to improve earning opportunities for users. A unique feature of the launch is that liquidity providers will be rewarded in Ethereum and all the liquidity pools are deployed with anti manipulation features as well as 2.5% slippage. DYP Holders Able to Vote on Governance By holding DYP, you will be able to use DYP governance and vote to add additional liquidity mining pools, burn tokens or allocate DYP towards grants, strategic partnerships, governance initiatives and other programs. All that is required to....
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.” Blockchain developer Neon Labs has created a compatibility bridge between Ethereum and Solana, opening the door to more cross-chain development opportunities for Ethereum programmers.Neon’s Ethereum Virtual Machine, or EVM, has deployed via testnet on Solana, the company announced Tuesday. The EVN grants any decentralized application on Ethereum access to Solana’s high throughput capacity and lower gas fees. Essentially, Neon EVM allows anyone to run Ethereum contracts....
On the horizon of yield farming Dapp on Binance Smart Chain, it is hard to find the best ones. What is the best option for Dapp, which offers high ROI to their customers and is also secure? The innovative Dapp BUSDMatrix has been recently talked about a lot in the crypto community. It is a […]